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Bullish Doji – Morning star
Trade plan:
- Symbol: BHEL
- Direction: Long
- Entry: 138
- SL: 131 (Risk = 7)
- Target: 145 (Reward = 7)
Reasons for qualifying Doji pattern:
- Recent fall in price witnessed
- Three day reversal pattern, first day a BEAR candle, second day candle a DOJI, third day a BULL candle.
- Volume is nominal.
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